LHC Group Escapes SEC Medicare Probe Unscathed

Law360, Wilmington (December 4, 2012, 4:46 PM EST) -- Home and hospice care provider LHC Group Inc. said Tuesday that the U.S. Securities and Exchange Commission won't press charges against the company after a two-year investigation into its participation in a Medicare reimbursement program.

The Lafayette, La.-based company said in a statement that SEC staff had completed the probe into its involvement in the Medicare Home Health Prospective Payment System, but would not recommend an enforcement action to the commission.

The news comes less than a week after another target of the investigation, Gentiva Health...